EBIX INC EBIX (last ticker on record)

CIK 814549Its SEC filings (opens in a new tab)

SEC/DOJ scrutiny
95% wipeout
Bankruptcy
Restructuring
Delisting notice (not a red flag)

These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.

Red flags: 4; Newest began Dec 2023
Largest fall in its shares: 98%; Feb 2018 to Dec 2023
Law firms: 9; Linked to 5 or more companies
Lawyers: 9; Linked to 5 or more companies

What happened

Aug 30, 2024Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Aug 8, 2024Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Feb 20, 2024Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Dec 19, 2023Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Dec 19, 2023Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Dec 19, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 9, 2023Shares down 95% from their high
Mar 8, 2021Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 8, 2013A filing mentions cooperating with the SECForm 10-Q (opens in a new tab)
May 10, 2013A filing mentions cooperating with the SECForm 10-Q (opens in a new tab)
May 10, 2013A filing mentions an SEC subpoenaForm 10-Q (opens in a new tab)
Jan 16, 2013Far more SEC letters than usualSEC letter (opens in a new tab)
Apr 2, 2001A filing mentions a formal order of investigationForm 10-K (opens in a new tab)

An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.

Law firms

The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Carlton Fields	Jun 2008	Named in SEC correspondence	47	1.34	0.44	1.13
Womble Carlyle Sandridge & Rice, LLP	Apr 2008	Named in SEC correspondence	110	1.07	0.53	1.03
Smith, Gambrell & Russell, LLP	Jul 2007	Named in SEC correspondence	92	0.96	1.05	1.20
Katten Muchin Rosenman LLP	Sep 2005	Named in a filing	268	0.76	0.58	1.22
Sonnenschein Nath & Rosenthal	Sep 2000	Named in a filing	160	1.08	0.56	1.23
Schiff Hardin	Sep 1995	Named in a filing	184	0.78	0.85	1.26
Goodwin Procter	Jan 2020	Text search only	1,221	0.79	0.31	1.17
Maples and Calder	Jan 2020	Text search only	1,144	0.95	0.26	0.92
Paul Hastings	Jul 2007	Text search only	768	0.98	0.72	1.09

Lawyers

The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Susan V. SidwellHarwell Howard Hyne Gabbert & Manner, P.C.	Oct 2019	Named in SEC correspondence	9	0.81	0.00	0.68
Richard A. DenmonCarlton Fields	Nov 2008	Named in SEC correspondence	13	2.03	0.00	1.25
Wayne ShortridgeCarlton Fields	Nov 2008	Named in a filing	6	2.61	4.02	3.45
T. Clark Fitzgerald IIIArnall Golden Gregory	Apr 2008	Named in SEC correspondence	14	2.01	1.57	1.25
Terry F. SchwartzSmith, Gambrell & Russell, LLP	Jul 2007	Named in a filing	14	0.51	0.00	1.75
Mark D. WoodKatten Muchin Rosenman LLP	Sep 2005	Named in a filing	29	1.85	0.00	2.79
MATTHEW S. BROWNKatten Muchin Rosenman LLP	Feb 2004	Named in a filing	9	1.13	4.11	5.16
Jocelyn M. ArelGoodwin Procter	Jan 2020	Text search only	63	1.45	0.00	1.44
Michael R. PatroneGoodwin Procter	Jan 2020	Text search only	15	0.00	0.00	1.41